Daniel CaballeroSEGUIRMadrid Updated: Save Send news by mail electrónicoTu name *
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The first major operation of the Spanish Stock exchange in 2020 comes to an end. Today is the deadline for acceptance of the takeover bid of the swiss-SIX on the Spanish BENCHMARK , to 32.98 each euros per share.
it Was mid-November when the management entity of the parquet swiss communicated to the Commission National of the Market of Values (CNMV) of its intention of “assaulting” their Spanish counterpart. The offer was then of 34 euro per title , which has been reduced by deducting the dividends. So, the company is valued at around 2,800 million euros.
Corporación Financiera Alba -the “holding company” financial family March – already announced weeks ago that they would come to the opa with its 12,06% of the capital . The doubt will be in what will be the fund managers and investment banks, which have been increasing positions these months.
BlackRock is around 3.8% of the capital; JP Morgan exceeds 6%; Norges Bank’s account with the 2,13%; Goldman Sachs points to 1.66%…
Sources of SIX explained that the confidence that the opa come forward is total. To that so be it, must accept 50% of the capital plus one share. The swiss entity has made it clear that there will be no impediment to be made with BENCHMARK, especially since the approval of the board of directors of the opada, the Government and the CNMV.
we have To add that after the acquisition is guaranteed spanishness of the firm. Javier Hernani, current ceo, will remain as CEO of the new BENCHMARK -which will not be excluded from Bag – and will also form part of the board of directors of SIX.
